Tejas Network IPO allotment status will be available soon. The IPO allotment is expected to take place within 6 working days from the closing of the issue on June 16th. The allotment status should be available by June 23rd and it should start trading from June 27th.

Once the issue is allotted you can check the status here just by providing your PAN card number, application number of Client ID. Just select the option of Application Status, from the drop down select Tejas Network IPO and check by providing your PAN Card Details.

The link is slow as lot of people are trying to access it. Please be patient and wait for it to open.

Lots of zerodha and other discount broker customer have a question whether they can apply IPO through there brokers or not. The simple answer is Yes, applying for an IPO is possible using Zerodhg Demat account.

To explain the process, you have to understand that Zerodha provide trading platform and are a Depository participant(DP) of CDSL. For applying IPO, you need a Demat account number. You can find Demat account number under “Your profile” in q.zerodha.com.

Once you have the number, you can apply for IPO through most of the bank including SBI, ICICI and all bank who provide Net banking. Here I will explain in details how you can apply IPO through ICICI bank.

Just login to your bank and go to Investment option

Once you login, on the next screen it will show you all the IPO which are available right now. Just select the IPO you want to apply for.

In the next screen, you have to provide the details of your Demat account. Copy it from Zerodha backoffice. Select CDSL and paste DP Client ID here.

Choose the price on which you want to apply shares and number of shares you want to apply.

Once you click submit, the fund would be blocked using ASBA. what that means is the funds are not withdrawn from the back but are put on hold. In case you receive allotment, the funds would be deducted and rest of the funds would be released from hold. This has been done to that there is no delay in refund process and no physical check are required. All the IPO nowadays use ASBA for IPO’s.

You can check the order for IPO you have placed in Order Book.

You can apply for IPO online for any broker. You just need your Demat account number.

In case you get allotment, the shares are directly credited to your Demat account one day before they start trading. The hold on the funds are also removed from the bank once the allotment is complete.

Hope this would have helped people to understand how they can apply for IPO through Zerodha. It is a very simple and fool proof process for application which you can use online. No need to visit anywhere or no need to fill any forms.

CPSE ETF FFO was a success with bid were done for 12,000 crore while the offer was only for 6000 crore. There allotment is going to take place within next 10 days.

Anchor investors portion was Rs. 1500 crore but the bid was received for almost Rs. 6,000 crore on 17th January 2017 which is 4 times of the amount decided for retailers to be offered. (Some of the anchor investors for the fund are the State Bank of India (SBI), Axis Bank, Birla Mutual Fund, Nomura, Morgan Stanley and the Life Insurance Corporation of India (LIC)).

The quantum of bids for Qualified institutional buyers and retail investors was opened from 18th January 2017 to 20th January 2017 received was over two-and-half times of the base issue size of Rs 4,500 crore i.e. Rs. 6, 000 crore.

Reliance Mutual Fund CPSE ETF FFO received application over 2 lakh investors across 300 cities and towns in India. As part of the CPSE ETF FFO norms Retail Investors will get first preference and assured allotment for a minimum of 5000 units. What it mean is if there is oversubcription, the minimum unit you will receive would be 5000 units.

A finance ministry statement said ,”This was the largest Disinvestment Program undertaken by the Government of India using ETF and largest fund offering by any Mutual Fund in India till date”.

Allotment Price

Purchase price will be average of the full day volume weighted average price of the constituents of Nifty CPSE Index on NSE during Jan 18 and Jan 20. Based on this the price is expected to be around 26.70 but then there is a 5% discount for retail investor which should bring the allotment price closer to 25.5

Allotment Status-

CPSE ETF allotment status is done on Jan 31st. The CPSE ETF allotment is expected to take place within 10 days from the closing of the issue on January 20th. The issue was oversubscribed, so partial allotment is expected. You should be able to check the status of the issue on your Demat account.

Teamlease IPO allotment status is not available at this time. The IPO allotment is expected to take place within 7 days from the closing of the issue on Feb 4. The allotment status should be available by Feb 11. The issue will start trading on the market from Feb 15. The issue was subscribed more than 66 times, so expect a small allotment per application.

Once the issue is allotted you can check the status here just by providing your PAN card number, application number of Client ID. Just select the option of Application Status, from the drop down select Indigo and check by providing your PAN Card Details.

The link is slow as lot of people are trying to access it. Please be patient and wait for it to open.

Precision Cramshaft allotment status is not available at this time. The IPO allotment is expected to take place within 7 days from the closing of the issue on Jan 28. The allotment status should be available by Feb 5. The issue will start trading on the market from Feb 8.

Once the issue is allotted you can check the status here just by providing your PAN card number, application number of Client ID. Just select the option of Application Status, from the drop down select Indigo and check by providing your PAN Card Details.

The link is slow as lot of people are trying to access it. Please be patient and wait for it to open.

Now that you have decided to trade in commodities, it make sense to choose the broker which will best suite your needs. Think what type of broker you need. Do you need someone who provide you tips or someone who have a weekly newsletter and a analyst staff to tell you what to trade. Do you trade through phone by calling or you are comfortable trading through web. These are some of the basic question you should ask before choosing the broker which will be right for you.

Below you will find the list of the best commodity brokers but choose someone who will be a best fit for you. [Read more…]

Indigo IPO allotment status is not available at this time. The IPO allotment is expected to take place within 2 weeks from the closing of the issue on October 29. So the allotment status should be available latest by 14th November.

Once the issue is allotted you can check the status here just by providing your PAN card number, application number of Client ID. Just select the option of Application Status, from the drop down select Indigo and check by providing your PAN Card Details.

Cafe Coffee Day IPO allotment status is not available at this time. The IPO allotment is expected to take place within 2 weeks from the closing of the issue on October 16. So the allotment status should be available latest by 28th October. The trading in CCD stock should start from November 2nd.

Once the issue is allotted you can check the status here just by providing your PAN card number, application number of Client ID. Just select the option of Application Status, from the drop down select Cafe Coffee Day and check by providing your PAN Card Details.

Are you looking out for your first stock broker or the next one? And have too many questions in mind? If yes, that’s good. If no, you may get a head ache later.

Before purchasing veggies or any eatable, their freshness is checked. Before giving the kids pocket money, the parents make sure that they do not misuse the money. Before making any investment and putting away your money, an affirmation is obtained that the money will payback good returns.

Similarly, it’s not just the stocks, even the stock broker needs bona fide research work done before taking up one.

Penny stocks as the name suggest are stocks which are trading at the very low price on the stock market. From Indian market perspective, stock trading in the range of 0.05 to Rs 5, are generally referred to penny stocks. Almost 25% of BSE and 10% of NSE stock are penny stock and some of them are not traded at all on the exchanges.

Someone new to stock investing assumes that these are cheap stock to buy and there is not much downside possible as they are already trading so low. But it is not the right way to look at it, even if a stock is trading at Rs 1, it can fall further to 50 paisa wiping 50% of your capital. Dabbling in these stocks is risky until you are very sure of what you are doing.